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The Idea Phase is the Start of every business. Some refer to this as the “Dream” phase. Most “Dreams” never exit the Idea Phase…..
The Build Phase is where you start to turn your “Idea” into Reality! You start identifying co-founders who have complementary skills to yours.
Launch Phase is where you take your “Idea” that you’ve now “Built” and begin to “Launch” it to paying customers! The importance of having a co-founder or employee who is experienced in Sales becomes obvious.
The Growth Phase is when you begin accelerating your Sales, hiring more Staff, filling in any missing Key Executives and often looking for your Series A Venture Capital Round to Fund this rapid Growth….
Every business needs a website. As soon as you enter the Build Phase, it’s one of the first things you should have built.
Apps are now almost mandatory for many businesses….
The Team members that you need at each Phase of your company will often be different…
Business Plans are considered un-necessary by many today, but I disagree….
Naming Your Company is a key part of Idea Phase….
Your Company Formation, also referred to as the “Legal Entity” choice is critical….
Accounting is an early decision to make during the Build Phase…
A good Lawyer is worth their weight in gold – just make sure you hire one that doesn’t try to take all your gold!…
Patents & Trademarks
Patents & Trademarks are an area to have regular talks with with legal advisors about….
Finding Money to start and run your business is every founders key job…
Investor Presentations is a skill every founder must learn…
Finding Customers is Goal #1 when you moving into the Launch Phase…
Sales Presentations are the key skill for your VP of Sales….
Finding good, reliable vendors is where a great Mentor network can really help….
Successful Hiring, or lack thereof, can make or break your Company….
Marketing & PR
Marketing and PR will be critical in both the Launch and Growth Phases of your Company….